CANON INC-SPONS ADR (CAJ)

US1380063099 - ADR

21.63  -0.03 (-0.14%)

After market: 21.55 -0.08 (-0.37%)

Technical Rating and Analysis

1

Taking everything into account, CAJ scores 1 out of 10 in our technical rating. CAJ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CAJ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAJ is lagging the market.
When compared to the yearly performance of all other stocks, CAJ outperforms 58% of them, which is more or less in line with the market.
CAJ is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, CAJ did better than 45% of them.
In the last month CAJ has a been trading in a tight range between 21.35 and 22.30.
Weekly and Daily overview Charts
CAJ Weekly chart
CAJ Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, CAJ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.64

25.37

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 21.26 to 21.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 20.85 to 20.85. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 21.64 to 22.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.68 to 23.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @25.12 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.56
Mansfield-0.76
10 Day High21.97
10 Day Low21.35
20 Day High22.3
20 Day Low21.35
52 Week High25.79
52 Week Low20.84
Performance
1 Week-1.01%
2 Weeks-1.19%
1 Month-2.66%
3 Month-4.84%
6 Month-6.57%
12 Month-6.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)45.97
LBB21.4
UBB21.94
CAJ Daily chart

CANON INC-SPONS ADR

NYSE:CAJ (3/6/2023, 7:04:00 PM)

After market: 21.55 -0.08 (-0.37%)

21.63

-0.03 (-0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.14%
1 Week-1.01%
2 Weeks-1.19%
1 Month-2.66%
3 Month-4.84%
6 Month-6.57%
12 Month-6.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%1.27%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.97
10 Day Low21.35
20 Day High22.3
20 Day Low21.35
52 Week High25.79
52 Week Low20.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume933.90K
Volume Incr-10.49%
Vol(5)539.04K
Vol(50)481.88K